The Fundamental Attribution Error Is Based on The

question 18

Multiple Choice

The fundamental attribution error is based on the:

• A)confirmatory bias.
• B)need to believe that one can control one's fate.
• C)basic distrust that we have of other humans.
• D)need to accurately detect causes of behavior.

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Definitions:

Markup

The gap between the purchase expense of a good or service and the price at which it's sold, represented as a percentage of the buying price.

Concentration Ratios

Measures that indicate the degree of concentration in an industry, often used to assess competition levels.

Market Shares

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in the industry.

Competitive

Relating to or characterized by competition; having the ability or resources to compete successfully with others.